Hong Kong Beverage Ltd

Hong Kong Beverage Ltd, based in London UK, is a small, active company founded three years ago. With eight employees and £357,269 in assets, it operates from a real address and is overseen by two directors and two owners. The company runs an e-commerce site selling beverages, tea, and coffee, and is an irregular importer of vehicles, parts, and accessories – though only for one month in 2022. It also supplies ingredients for bubble tea and other specialty drinks.

The company’s website showcases a wide range of products, from black tea and green tea to instant coffee and syrups, catering to both retail and commercial clients. It even offers professional coffee machines and carbonators. The business highlights its partnerships with Dragonfly tea and emphasizes its commitment to quality and safety, operating under HACCP standards. It also offers recipes for layered drinks.

Financially, Hong Kong Beverage Ltd shows some concerning trends. Cash bank on hand increased dramatically, rising by 340% to £340,000, which is a good sign. However, net current assets and liabilities surged by 1,300% to £130,000, indicating a need for careful management. Creditors increased by 170% to £230,000, and trade debtors only increased by 6%, suggesting delayed payments. The number of employees increased by 62% to 13, which may have contributed to the increase in expenses. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in liabilities requires attention. The company is exempt from an audit as a small company. Overall, Hong Kong Beverage Ltd is showing growth, but it's important to monitor its financial health closely.

Registered in England/Wales under the registration number 13529112, with a registered address at E1 6SA, England, London, 224 Brick Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.